Okay, President Bush didn't say there would not be new or more taxes. There will probably have to be some more you and I pay, or how can the rich get another tax break? But, joking and disappointment aside, his recent comments about swapping income for sales tax should get a review. Not because it's a good election phrase, and not because it's a potentially regressive tax, but because it may just be a much more fair tax, without the current loophole ridden system that gives corporations with a profit a check at the end of the year.
Seriously, the current system is working, but I would not say it is working well. Of course, to work well we might have to have a serious conversation about the role of government and government sponsorship of so very many items. And as we all know, in the current political environment (caused by you, the voter), deep conversation is frowned upon and tossed aside in the effort to find a good 10 second sound bite.